A new Premier Inn is set to ease any worries about a lack of accommodation going into a busy 2012 for London, whilst pumping millions into the economy.

Located in Leicester Square, the hotel will house hundreds of last-minute bookers when it is opened at the end of May in the run-up to the Olympic games and the Queen’s Diamond Jubilee. The hotel is also expected to contribute £12 million to the UK economy through tourism and trade.

The news could please attendees of conference centres and others visiting London on work over a busy period for the capital, as many hotels remain fully booked for large parts of the summer.

Talking to prnewswire.co.uk was Mina Fattahi, the general manager of the new hotel.

Fattahi commented: “We are delighted to be opening a new hotel in the heart of London. Our hotel is in a prime location for those wanting to explore London and within walking distance of many tourist attractions.”

Appealing to those planning on visiting London in the near future, Fattahi added: “It’s ideal for those wanting to be right at the centre of activity and our double sound-proof rooms ensure that no matter the hustle and bustle outside, guests are always guaranteed a great night’s sleep.”

According to traveldaily.co.uk, the 83-room building will be one of the twenty new Premier Inns coming to London in the next five years, as the company looks to expand to offer 65,000 rooms.